You can see it in the way the liberal media (like Cramer, natch) can't criticize him without walking it back and grovelling at his feet, begging for forgiveness.

Cramer maybe a lunatic but he is definitely NOT always talking up stocks. He manipulates both ways.

It's think THEN speak.

"The media" loves this squabble. It loves all squabbles.

However, Jon Stewart's essential point remains lost: CNBC as "financial journalism" is a farce, a disgrace -- both before the crash and afterward.

at first I did a laugh out loud at your comment, then I laughed through my tears as I realized that dimwits on the right will try to actually make just the point that you sarcastically made in your comment!

Stewart sliced and diced Begala and Carlson a few years back when he appeared on Crossfire. He explicitly told them they were doing harm to this country, and he was right. Consequently, Crossfire became inconsequential and faded into oblivion.

The same thing needs to happen to Jim Cramer, his show Mad Money, and to the network CNBC that gives rise to these people like Cramer that, through their greed, are gaming the system and doing real harm to this nation.

By the way, CNBC has a series called American Greed, wherein they expose the harm done by greed in America. Shouldn't CNBC do an exposé on themselves?

media heads complaining about what other media heads say about media heads in the media is......what? Silly and stupid? Also Cramer is a trader. In order to win using Cramer you need to trade heavily and often. And the transaction costs could kill you if you're not careful. When Cramer said Morgan was a good deal EARLY LAST YEAR - he was betting on the NEXT 2 weeks performance. Not the next year or more. And anyway, if no one else knew Morgan was hiding the fact that they were about to implode, then why is Jim Cramer expected to have some magic knowledge that no one else does?

"...why is Jim Cramer expected to have some magic knowledge that no one else does?"

Because he and his employer CLAIM he has some magic knowledge that no one else has.

Are you sure that a company that more or less admitted to criminal negligence and reporting malfeasance is going to leak a little something something to a media guy just because he used to work for a competing firm?

I'm sorry but your world view is completely not up to the task of investing or trading. You appear to think it's all a massive conspiracy rigged against you, personally.

In order to win using Cramer you need to trade heavily and often.

Actually it quite easy to win with Cramer, but you need to have his script before the show goes out, otherwise you and 10,000 other dittoheads will be buying the stock at the same time. You need to buy it before anyone else does, then sell when the herd starts buying, which I am sure plenty of people are able to do, only they are not cable TV subscribers.

Does anyone seriously think that tipping a stock on a TV show will not affect its price, and hence its value?

OK, asshole, I assume you're addressing me.

Cramer and his employer CLAIM that he is an expert trader with access to numerous "insider sources" that tell him what's "really going on" inside companies that he then recommends you invest in.

Yes, moron, I'm SURE of this, because the motto of the network is "In Cramer We Trust," and the ads for his program draw a great deal of attention to his former work in hedge funds and market him as a financial genius.

If you watch CNBC and somehow deny this, you're either far stupider than the rest of us, or you're having a different argument within your own mind.

Grow up.

I guess the word nowadays, when you're losing, either due to being beaten by a clue-by-four (Stewart vs Cramer) or when you're being eaten by your own monster (Rush vs any GOP type), is to say "I love ya, man!".

(In no way am I considering Stewart & Rush even of the same species, let alone talent).

I'm not sure if I like this any better than the "pretend-I'm-right" bluster. Both are pretty ingenuous and cowardly, in their own ways.

has been done to death all over the world for years. They talk up a stock, everyone rush to buy it, price goes up, and Cramer looks like a genus. The problem is, the "real" value of the company did actually go up. So, when the magic bubble bursts, we get to see how much of horse shit all these financial news shows were spouting to the world.

Hi, Jon, glad you are reading this...

Actually it quite easy to win with Cramer, but you need to have his script before the show goes out.

If I was in Jon's place what I would want to ask Cramer is who knows what he is going to say before he says it, for example producers and technical staff who do the graphics, and how can you be sure that the information is not leaked off the set. Are cell phones banned?

Also I would like to ask Cramer if the stocks that he trades in himself are bought before he mentions them on air, or only after his viewers have had first bite at the cherry. Or does he not mention the stocks he deals in for his own personal account?

Is that enough to start with?

Read the article here and see that he is emblematic of and complicit in all the evil that we've seen come back and smack us in the face:

http://www.huffingtonpost.com/2009/03/11/jim-cramer-shorting-stock_n_173824.html

[click on signature for hyperlink]

i think you have your facts wrong.

which morgan are you talking aboutn? jp morgan? morgan stanley? neither of those have imploded.

bear sterns is what he recommended. that one imploded.

Anyone who thinks they are helped by this guy should pay better attention:

-On manipulating the market: "A lot of times when I was short at my hedge fund, and I was positioned short, meaning I needed it down, I would create a level of activity before hand that could drive the futures,"

-On falsely creating the impression a stock is down (what he calls "fomenting"): "You can't foment. That's a violation... But you do it anyway because the SEC doesn't understand it." He adds, "When you have six days and your company may be in doubt because you are down, I think it is really important to foment."

-On the truth: "What's important when you are in that hedge fund mode is to not be doing anything that is remotely truthful, because the truth is so against your view - it is important to create a new truth to develop a fiction," Cramer advises. "You can't take any chances."